News Centre

CFTC Commissioner Bowen Speech Before The Managed Funds Association, 2015 Compliance Conference

Date 05/05/2015

Thank you John for the introduction and good morning everyone. It’s a pleasure to be here today at the Managed Funds Association’s 2015 Compliance Conference. I would like to give a few very brief remarks before we move into my fireside chat with Adam Cooper. I have known Adam through our membership on the Northwestern Law School Board, which I chaired several years ago. I look forward to our conversation at the end of my brief remarks this morning. Of course, my remarks today are my own and do not reflect the views of my fellow Commissioners or the CFTC staff.

Moscow Exchange: RUB Penalty Interest Rate Change

Date 05/05/2015

RUB penalty interest rate will be changed to 25% starting from May 05, 2015 (Upper REPO Penalty Rate (HPenRate) on Equity Market and RUB Interest Rate for the Additional Session in FX and Precious Metals Market).

London Stock Exchange Group: Robert Grant Joins UnaVista To Boost North American Expansion

Date 05/05/2015

• 25-year financial services and technology industry veteran brings expertise in regulatory reporting, compliance and risk management 
• Previously held key sales and marketing roles in Americas at Axiom SL and Wolters Kluwer Financial Services/FRSGlobal  
• Underpins UnaVista growth across Americas  

Fidessa's Affirmation Management Service Named Best New Post-Trade Solution For The Buy-side

Date 05/05/2015

Fidessa group plc (LSE: FDSA) has today announced that its Affirmation Management Service (AMS) has been recognised as the best new post-trade solution for buy-side firms in the Financial Technologies Forum and FTF News Technology Innovation Awards 2015. The award was presented in recognition of the innovation that AMS has brought to post-trade operations and the crucial operational efficiency improvements it delivers.

Efficiency Management Consultancy Widens European And North African Opportunities For Misys

Date 05/05/2015

Misys, the leading financial software company, has signed an agreement with Efficiency Management Consulting to become a member of the InFusion Partner Programme. Efficiency is a fast-growing consulting practice, specialising in business management and organisational design, supporting financial institutions in the design and implementation of transformation strategies.

Integration Systems Partners With Azul Systems To Enhance Global Low Latency Offerings

Date 05/05/2015

Azul Systems, the award-winning leader in Java runtime solutions, today announced a partnership with Integration Systems, a global software solutions provider for the financial markets, which enables Integration Systems’ new and existing customers to leverage the power of Zing®, Azul’s Java Virtual Machine (JVM) which is aimed at environments requiring low latency and high performance.

DFM Accredits “Mena Corp Financial Services” For Direct Market Access (DMA)

Date 05/05/2015

Dubai Financial Market (DFM) today announced that “Mena Corp Financial Services” has been accredited to provide Direct Market Access (DMA) for global brokers lifting the number of DMA service providers to 11 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

UBS Q1 Net Profit CHF 2 Billion, Up 88%

Date 05/05/2015

• Adjusted profit before tax CHF 2.3 billion
• Diluted earnings per share CHF 0.53
• Best-in-peer-group fully applied Basel III CET1 ratio 13.7%, up 50 basis points
• Fully applied Swiss SRB leverage ratio 4.6%, up 80 basis points
• Adjusted return on tangible equity above target at 14.4%

ASX Group Monthly Activity Report – April 2015

Date 05/05/2015

The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 1.5% in April 2015. This performance is in contrast to rises in other major markets, including Hong Kong up 13.0%, the UK up 2.8%, Japan up 1.6%, Singapore up 1.2% and the US up 0.9%. Germany was down 4.3%.

New Zealand's Financial Markets Authority: Small DIMS Providers Benefit From Reduced Reporting Requirements

Date 05/05/2015

The Financial Markets Authority (FMA) has provided smaller businesses that offer a Discretionary Investment Management Service (DIMS) relief from some financial reporting requirements.